I have $80,000 cash.
I want to invest $30k in the stock market - 70% S&P 500 and 20% NASDAQ and 10% into some individual stocks. I’m currently investing $1,000 a month until the $30k is in the markets. Im planning for long term growth over 30 years.
I’m not sure what to do with the $50,000 cash left. Eventually I want to buy a house but isn’t feasible where I am on my own. I don’t really want to be locked into a mortgage yet as I am planning to travel at the end of the year (I have a seperate $20,000 aside for travel).
What does everyone think I should do with the $50k left? And what individual risky stocks do you recommend? Thanks so much!